Sorry Danny...you are drinking the kool-aid. You have bought the whole Fed story hook line and sinker.
All you have to do is understand who was behind the Fed, why they wanted it created and what happened with those people after the Fed was created.
The Fed has done far more damage to the long-term viability of our free country than it has ever helped. If we ever learn the truth about the Fed it will be plain for all to see just how criminal and corrupt the organization. Why else would you run an organization with absolutely no accountability or audit? Just a semi-legitmized version of organized crime.
Take a look at how the FED is organized, which directors are elected which are appointed. And the rules on that. How many votes a big bank gets vs a small bank. Who really owns the banks. It's all public information. Go to Finance.yahoo.com, and you can see the major shareholders of any publicly traded company.
When you understand that, you'll understand it's not the monster conspiracy nuts have made it out to be.
"Why else would you run an organization with absolutely no accountability or audit?"
Links to the audits were in the post you replied to. The FED absolutely has accountability and audits. And history shows they've done a good job.
It's in our enemies interest to destroy the Federal Reserve, not ours.
Funny..Day before yesterday I gave a “lesson” on the value of paper money.
I took a 5 gram gold bar, and a 1950 20 dollar note that was backed by the gold and silver standard and 14 2010 20 dollar bills in which represented the value of the 5 gram bar-about 280 dollars in that days money.
I asked the fellows what they would sooner do. Work for 20 dollars an hour, and work one hour for one of these?-being the 1950 note, or work 14 hours for 14 of these?-being the 2010 notes. The value of the gold backed 20 dollar note was worth 14 of the 2010 notes. I held the notes right smack up in their faces.
You should have seen the look on their faces.